Question

- What is an agreement to sell ?​

Answer 1

Answer:

An agreement to sell is a contract surrounding the sale of products or services. Agreement to sell contracts are also called sales contracts or purchase agreements.

Explanation:

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Answer 2

Answer:

Definition: in case where the seller agrees with the buyer to transfer the title of ownership on a future date upon satisfying certain condition is called as 'Agreement to Sale'. Example: 'X' sold 10 bags of Wheat to 'Y' against payment of Rs. 3,000. Example: 'X' agrees to sell 10 bags of Wheat to 'Y' in Rs.3,000.

The AFS, also known as the 'Offer' or 'Offer to purchase' is a written, legal contract between a buyer and seller where the buyer agrees to pay the purchase price, over a set period of time, and upon its completion the seller is obligated to convey title to the buyer.